Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng will ask gas and electricity company executives to submit a breakdown of expected profits and payouts as well as investment plans for the next three years.
Education Secretary James Cleverly confirmed today's meeting as he sought to downplay concerns over energy blackouts this winter.
The Cabinet minister said the UK is in a "better position than many" when it comes to domestic energy production but cautioned: "It's not going to be easy, but we are resilient."
This story is from the August 11, 2022 edition of The Herald.
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This story is from the August 11, 2022 edition of The Herald.
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